527 E Ray Road
Gilbert, AZ 85296
Tierra Madre
3 Beds
3 Baths
1,456 sqft (on 4.12 acres)
3 Beds
3 Baths
1,456 sqft
(on 4.12 acres)
Local Information
© Google
-- mins to
Description
AMAZING AND RARE INVESTMENT OPPORTUNITY in the HEART of GILBERT! Surrounded by city amenities and breathtaking mountain views, the land can be subdivided into 4, 1+ acre lots or left as is to build your dream estate and horse stables. With NO HOA, and residential zoning, the space is yours to develop as you desire. Located just minutes from downtown Gilbert and the San Tan Mall, Main Event, Top Golf -- PLUS all of the outdoor dining and shopping experiences the San Tan Village community offers!
Tenants are currently in place until March 2026.
Tenants are currently in place until March 2026.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 04, 2025
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 527 E Ray Road
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 1456 Square Feet |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Evaporative CoolingHas HeatingHeating Fuel: Electric |
Fireplace & Spa Spa: None |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1 |
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Exterior Home Features Roof: Composition Built UpFencing: Partial, WireNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 4Has a CarportHas a GarageParking Spaces: 4Parking: Garage, Carport |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Allowed to Raise Horses |
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Cumulative Days on Market: 163 |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Painted, BlockNot Attached Property |
Property Information Condition: FixerParcel Number: 30443097B |
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Price List Price: $2,750,000 |
Status Change & Dates Off Market Date: Thu Sep 28 2023Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: GilbertCommunity: Tierra Madre |
School Information Elementary School: Ashland ElementaryJr High / Middle School: South Valley Jr. HighHigh School: Mesquite High School |
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Building Area Building Area: 1456 Square Feet |
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HOA Fee Includes: No FeesNo HOA |
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Lot Area: 4.1233 Acres |
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Listing Terms: Cash, Conventional, 1031 Exchange, FHA |
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Business Information Ownership: Fee Simple |
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Mls Number: 6545754 |
Last check for updates: about 1 hour ago
Listed by Lindsay A Mozena, (480) 266-7656
Realty ONE Group
Connor David, (480) 534-0882
Realty ONE Group
Bought with: Dominick Montano, (480) 861-0403, HomeSmart
Source: ARMLS, MLS#6545754
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 527 E Ray Road
| Date | Price | Event | Source |
|---|---|---|---|
| 09/28/2023 | $2,200,000 | Sold | ARMLS #6545754 |
| 04/19/2023 | $2,750,000 | Listed For Sale | ARMLS #6545754 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $7,874 |
| Assessment | $1,351,900 |
Home facts updated by county records
Comparable Sales for 527 E Ray Road
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.38 | Single-Family Home | $2,165,000 | 12/17/25 | 4 | 4 | 2,820 | |
0.30 | Single-Family Home | $825,000 | 06/27/25 | 4 | 2 | 1,543 | |
0.57 | Single-Family Home | $1,400,000 | 04/15/26 | 3 | 3 | 2,640 | |
0.28 | Single-Family Home | $699,000 | 02/06/26 | 4 | 3 | 2,142 | |
0.79 | Single-Family Home | $1,350,000 | 08/26/25 | 4 | 3 | 2,604 | |
0.76 | Single-Family Home | $3,150,000 | 02/06/26 | 4 | 4 | 3,489 | |
0.66 | Single-Family Home | $3,200,000 | 03/17/26 | 5 | 4 | 6,545 |
Assigned Schools
These are the assigned schools for 527 E Ray Road.
- Ashland Elementary School
- PK-6
- Public
- 739 Students
7/10GreatSchools RatingParent Rating AverageIf u love kind, sweet loving caring ppl! Ashland is for u,staffs were amazing, my child went there for years and they are now a college degree studentParent Review9mo ago - South Valley Jr. High School
- 7-8
- Public
- 874 Students
8/10GreatSchools RatingParent Rating AverageWe love SV! Fantastic teachers all around!Parent Review1y ago - Campo Verde High School
- 8-12
- Public
- 1862 Students
7/10GreatSchools RatingParent Rating AverageI've had nothing but a rough experience at CVHS. Being bullied the entirety of HS wasn't very fun. But the only thing worse than that was the lack of empathy or care from administrators. I personally do not think Mr. Dumas does a good job whatsoever, as our school has so many flaws it's hard to look past most of them. Dirty campus with moldy ceiling tiles, a college level teacher who yells at students for a living, and a burnt out admin group that looks past most problems. The students here range from decent to mean, most of them aren't nice.Student Review1y ago 
Check out schools near 527 E Ray Road.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Tierra Madre
At least 5 Trulia users voted on each feature.
100 % Say people would walk alone at night
100 % Say there's holiday spirit
100 % Say streets are well-lit
100 % Say there are sidewalks
100 % Say car is needed
89 % Say it's dog friendly
89 % Say parking is easy
88 % Say it's quiet
83 % Say yards are well-kept
67 % Say kids play outside
67 % Say they plan to stay for at least 5 years
62 % Say neighbors are friendly
50 % Say it's walkable to restaurants
40 % Say it's walkable to grocery stores
30 % Say there's wildlife
25 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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527 E Ray Road, Gilbert, AZ 85296 is a 3 bedroom, 3 bathroom, 1,456 sqft single-family home built in 1972. 527 E Ray Road is located in Tierra Madre, Gilbert. This property is not currently available for sale. 527 E Ray Road was last sold on Sep 28, 2023 for $2,200,000 (20% lower than the asking price of $2,750,000). The current Trulia Estimate for 527 E Ray Road is $1,306,100.